Court denies a Preliminary Injunction against Blockvest

Court denies a Preliminary Injunction against Blockvest

The preliminary injunction aimed to freeze the assets of Blockvest crypto startup was rejected by the federal judge Gonzalo Curiel. The U.S. District Judge claimed that SEC has not proven that the company or its founder have violated the securities laws. Reportedly, the SEC obtained an emergency court order against the company which halted the scheduled ICO during October.

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